Houston Real Estate category interest

Bold Fox Development, of Houston, has closed on approximately 215 acres in Brookshire for a new residential community about one mile north of Interstate 10.

The property, located near Gassner Road and FM 362, was purchased from the Phillips family. The property sits directly north of the City of Brookshire and to the east of the City of Pattison. Tommy LeBlanc and John-Michael Kamel with Avison Young represented Bold Fox Development. Handling the transaction for the seller was Tracy Gerken with Tejas Properties.

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“This property has a pastoral beauty that people wanting a country ambiance will appreciate,” Alex Kamkar, Bold Fox Development managing shareholder and community developer, said. “The fact that it is so close to Interstate 10 adds to the appeal.”

Kamkar said he expects homesites to go to builders in early 2024.

The community is within the Royal Independent School District.

“Because of its small size, this is a school district where everyone knows each other and students have more opportunities to play sports, play in the band and participate in other extra-curricular activities,” Kamkar said. “I think parents will appreciate that.”

This is the fourth community for Bold Fox Development, which launched in 2019. Venetian Pines in Conroe is selling homes in its first phase, and Kamkar said the second phase of the 45-acre community should open by year’s end. Cherrywood Estates in Tomball starts construction next month. And the 470-acre Attwater community in Waller should break ground during the fourth quarter. Bold Fox is partnering with Chesmar Homes, Empire Communities and HistoryMaker Homes on Attwater.

“With today’s current housing market, there is a real need for more developed land so more people can obtain the American Dream of owning a home,” Kamkar said. “Whether it’s communities of hundreds of acres or even pocket communities like Cherrywood Estates at nearly 21 acres, anything we can make available opens up opportunities for people to move into home ownership and start building generational wealth.”